The market is showing mixed momentum, with some assets attempting a recovery while others remain under heavy selling pressure.


๐ŸŸข $XRP โ€” Bullish Attempt
At $1.5115 (+2.20%), XRP is holding above the Supertrend support around $1.4958. A move above $1.538โ€“$1.551 could strengthen the bullish setup.


๐ŸŸข $SOXL โ€” Recovery Mode
Trading around $114.39, SOXL has bounced strongly from $106.01 and is holding above key support. The $115โ€“$116.85 zone is the next important resistance area.


๐Ÿ”ด $VELVET โ€” Heavy Selling Pressure
VELVET is down sharply at around -78.65%. Price remains below the Supertrend and major moving levels, so volatility and risk are extremely high.

๐Ÿ“Œ Overall: XRP and SOXL are showing recovery strength, while VELVET remains bearish. The next breakout or rejection around key resistance levels could decide the short-term direction.
#MarketUpdate #XRP #SOXL #VELVET #MarketMovement

๐Ÿ“Š POLL

Which one has the strongest chance of a move higher next?
๐Ÿ”˜ $XRP
62%
๐Ÿ”˜ $SOXL
18%
๐Ÿ”˜ $VELVET
20%
76 votes โ€ข Voting closed